Indepth Analysis of Pohang Port A Maritime Hub in Koreas Industrial Heartland

Indepth Analysis of Pohang Port A Maritime Hub in Koreas Industrial Heartland

Pohang Port, located in Gyeongsangbuk-do, South Korea, is a significant industrial port with an annual throughput exceeding 30 million tons, primarily serving the POSCO steel complex. The port is well-equipped with various functional zones that facilitate the efficient import and export of raw materials and finished products, providing robust support for South Korea's shipping logistics and international trade development.

07/24/2025 Port Encyclopedia
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Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

The General Administration of Customs has signed a memorandum of cooperation with the Ningbo Shipping Exchange to promote the research of the Maritime Silk Road Trade Index and the Export Leading Index. This initiative aims to provide data support for small and medium-sized enterprises and government decision-making, while also aiding the research and analysis of the global trade situation.

07/24/2025 Logistics
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Comprehensive Analysis of Banjul Port The Core Hub of Maritime Transport in The Gambia

Comprehensive Analysis of Banjul Port The Core Hub of Maritime Transport in The Gambia

Banjul Port is the largest port in Gambia, equipped with modern facilities and deep-water docks, playing a crucial role in import and export activities as well as regional trade. Its advantageous geographical location offers fast and efficient services. Additionally, the city of Banjul is a region rich in culture and tourism appeal, making it a significant engine for Gambia's economy.

07/24/2025 Port Encyclopedia
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Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

This article analyzes the opportunities and challenges of Chinese chemical products going abroad. It delves into three key aspects that need attention during the export process: the hazardous characteristics of chemical products, the importance of qualification procedures, the auditing standards of different shipowners, and strategies for controlling shipping time. The aim is to provide enterprises with professional logistics services and advice.

07/28/2025 Logistics
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High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

China's social logistics costs remain high, placing a heavy burden on enterprises and affecting economic transformation. Various fees are still widespread, particularly in highways and import-export sectors, with high costs and inconsistent standards, intensifying pressure on businesses. It is crucial to strengthen policy implementation, regulate charging mechanisms, and promote cost reduction to enhance enterprise competitiveness and achieve sustainable economic development.

07/28/2025 Logistics
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Understanding Bearing Classification and Customs Code Compliance

Understanding Bearing Classification and Customs Code Compliance

Bearings are vital mechanical components, making accurate classification of their HS codes essential. According to the Customs Import and Export Tariff of the People's Republic of China, rolling bearings and sliding bearings fall under different categories, subdivided into multiple codes. During the declaration process, it is crucial to avoid coding errors and brand infringement risks to ensure compliance and accuracy.

07/28/2025 HS Code Query
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Quanzhou Port Emerges As Key Hub on Maritime Silk Road

Quanzhou Port Emerges As Key Hub on Maritime Silk Road

As a first-class open port in the country, Quanzhou Port has an annual throughput of over 120 million tons, ranking second in Fujian. As a key node of the Maritime Silk Road, Quanzhou Port connects Southeast Asia, the Middle East, and European and American markets through its standardized import and export processes and 24-hour operational mode, providing comprehensive logistics services.

08/05/2025 Port Encyclopedia
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Guangzhous Bonded Logistics Hit Record Trade in H1 2025

Guangzhous Bonded Logistics Hit Record Trade in H1 2025

In the first half of 2025, Guangzhou's bonded logistics import and export volume reached 56.65 billion yuan, a year-on-year increase of 29.9%. Growth was driven by sectors such as international consolidation and distribution. The city's commerce bureau aims to facilitate trade by innovating policies and promoting new foreign trade models, supporting Guangzhou's development as a 'trade power city'.

08/07/2025 Logistics
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Port Louis, Mauritius: The Complete Port Guide

Port Louis, Mauritius: The Complete Port Guide

Port Louis, Mauritius' largest commercial port, is strategically located in a northwestern coastal fjord as a key South Indian Ocean shipping hub. Featuring multiple berths for containers, bulk cargo and oil, it also has dedicated sugar export terminals with excellent vessel reception capacity ensuring efficient and secure operations. Its prime location establishes Port Louis as a vital East African trade center.

07/16/2025 Port Encyclopedia
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International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.

07/18/2025 Logistics Encyclopedia
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